QTOP

Awaken_Benihime

Thanks for sharing, I didn't know QTOP existed

tightlipssorenips

you want QTOP or TOPT

lxlmandudelxl

Wanna be aggressive and pimp-smack the index without picking individual stocks? (You're 23 so the answer is yes) Look into: VOOG, VONG, VGT, SPMO, SMH, QQQ, TOPT, QTOP, MGK

BacktestAndChill

Sure thing - it's a pretty simple one working on statistics and fundamentals. Essentially I took the math behind S&P Global's momentum indices which is publicly available and tweaked it to suit my needs.  Instead of applying it to the s&p500, 400, 600, and whatever their international variant is called, I fed it data from Morningstar's stock selections for the US portion and their international one with a filter to only include stocks that can be traded on the US exchange(a whole lotta ADRs basically). It works well enough on international markets based on testing but that opens up a whole tax based headache and I ain't about that life.  I also dumped sector filters limiting how much of any given sector could be included.  Large Cap is explicitly 50% value and 50% growth, mid and small cap are each blend, international is blend. This is still leaning towards growth tech at the moment but is more balanced than the S&P500 overall.  Checking which companies to include in the portfolio occurs once a month but changing out one for another only occurs with great enough shift in the metrics. For example a signal occurred recently to change out MA for NFLX but the signal was so slight that no actual adjustment was made. A full capital rebalance happens annually for tax purposes, ongoing balancing through the year is basically just buying more of laggards to bring things back into line.  As to how this was developed - I decided I liked SPMO and XMMO and wanted to see if their strategy worked on other stuff - it just popped into my head one day when I went "hmm what about a NASDAQ-100 momentum index?"(QTOP basically does that). The coding portion is pretty simple.  As far as pointers and resources, I cant really help you there. As you can probably guess by the rest of this comment I'm basically piggybacking on people smarter than me. 

Hungry-Brain-3287

Um... I made 300% holding LAES for 4 trading days in December. The 40 shares of hood I picked up in April are up 230%... PS: Check out SPMO, I think you will find it outperforms TOPT and QTOP.

Ladyvp05

A single stock and an index fund is not apples to apples. Come on now. I'm not gonna argue about any of the other stuff you have to say. But, please come up with a better response than why not just buy Nvidia. Compare qqq to another index fund. Not a single stock. If you were to say why not buy QTOP (top 30 qqq) or topt (top 20 s &p) then it would've made sense. Or even XLG (top 50 s&p) would be comparable. A single company can go bankrupt, and you will lose all your money. An index fund will get rid of the bankrupt company and replace it with another company. And 10x Nvidia doesn't even exist. Let's be realistic here.

IronyElSupremo

IShares has their market-cap TOPT (top 20 S&P stocks) or QTOP (top 30 QQQ stocks) for 0.2% ER. They also have a longer run QEF US S&P 100 (the top 100 US stocks) again for 0.2%.

IronyElSupremo

> top 50 S&P There’s actually an ETF for this (XLG by Global X), as well as S&P 100 (OEF by iShares). OEF has the longest track record. Seems to resist volatility a lot better, but may not knock it out of the park if mega-caps get overvalued. iShares also offers the top 20 of the S&P (TOPT) and the top 30/bottom 70 of the QQQ (QTOP and iirc QNEC, respectively). Not the lowest

tacocat_-_racecar

I threw a few hundred in each TOPT and QTOP for shits and giggles.